Tuesday, November 29, 2011

29th of November 2011 - Technical Forex Market Overview

DAILY MARKET COMMENTARY
29 November 2011 – 8:00 GMT
Tuesday

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Market Analysis Desk
Foreign Exchange Research: www.fibosignals.com/5585/resources.html
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TECHNICAL DATA

EURUSD BEARISH Support lies at 1.3286, the intraday low, a move below which would expose 1.3212. Resistance is at 1.3412 ahead of 1.3531.

USDJPY BULLISH Clearance of 78.06 has opened the way towards 78.40 and 78.83. Support lies at 77.46.

GBPUSD BEARISH Initial Support lies at 1.5459, a break below which would open 1.5423. Resistance is at 1.5656.

USDCHF BULLISH Move above 0.9331 would pave the way for gain towards 0.9401. Key support lies at 0.9085.

AUDUSD BEARISH Break below 0.9863 would expose 0.9742. Resistance is at 1.0080.

USDCAD BULLISH Near-term resistance is at 1.0474, a rise through which would expose 1.0524, Nov. 25 key high. Support lies at 1.0283 ahead of 1.0208.

EURCHF NEUTRAL Key resistance is at 1.2474 while support lies at 1.2251.

EURGBP NEUTRAL Support lies at 0.8569 ahead of 0.8546, while resistance is at 0.8648 ahead of 0.8865.

EURJPY BEARISH Support comes in at 102.87 ahead of 102.49. Resistance is at 105.57.


A. White
Analyst at Fibosignals.com

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